STEEM Rally Time!? Nightly Crypto Recap 5/27

Looks like things are starting to heat up again in the crypto world! Let's take a look at some coins that are breaking out!

Wait, where is the Bitcoin and Ethereum charts?
I provided a midday market checkup on them today and not much has changed so go check that out!

1. STEEM

Breaking out of this downward channel as we speak! If it can hold above it look like it will run to the 50MA and possibly rip past that! It is also nice to see the volume picking up on this breakout as a confirmation. RALLY!

2. DODGE

Check out your boy DOGE with this beautiful breakout of this descending wedge! It is finding a little resistance here at the 50MA but if we can break above and establish it as support we could be off to the races!

3. GOLEM

GOLEM looking absolutely BULLISH with this move out of the symettrical triangle. Busting past the moving averages with some clear sky ahead of it. Let's see how far she goes!

It looks like there is still room to run in this market with some smaller altcoins breaking out. If Bitcoin and Ethereum join in it could rally these coins even further!

If you would like to see your favorite coin analyzed, drop a comment and let me know!

Disclaimer: All of the information presented is for educational purposes only. I do not not recommend the buying or selling of any of the mentioned assets. I do not assume any responsibility for your trading results. There is an inherent risk in trading cryptocurrencies due to volatility and liquidity so trade at your own risk!